The economy has emerged from the longest-ever recession, the Euro is trading around 1.35 against the Dollar, the situation in the 17-nation bloc seems to be finally improving.
The Australian Dollar opened this week significantly higher against its American counterpart, pushing AUD/USD above 0.95, as Australian retail sales surprised market participants to the upside, posting the biggest monthly gain since February.
Abenomics are working. This is the statement made by the IMF last week, also saying there is still room to increase BoJ's purchase of government bonds and exchange-traded funds in case another boost is required.
Britain's currency soared against the U.S. Dollar on Monday, hitting 1.5965, after Markit Economics said constructions activity within the economy advanced at the highest pace in six years in October, mostly led by homebuilding.
Clouds are gathering above the world's largest economy, as Thursday's report is likely to show the U.S. economy significantly slowed in the third quarter, while other fundamental data do not offer much clarity, as they are mostly marked by asterisk.
Following disappointing inflation and unemployment data last week, the single currency received a lift from manufacturing and sentiment reports that both pushed the most traded currency pair 0.14% higher.
The fastest pace of growth in export orders in more than two years boosted U.K. manufacturing, which grew strongly in October, reinforcing the view that the nation's economic recovery is gaining a broader base.
Inflationary pressure in Australia looks to be building finally after remaining subdued for several month, as prices measured at the factory, farm or wharf gate soar more than expected in the September quarter, the Bureau of Statistics said Friday.
Activity at Swiss manufacturing sector expanded for a sixth consecutive month in September, even though the pace of growth was slower than a month ago, still suggesting a modest recovery is underway, while improvement in economic sentiment is pointing at a greater confidence.
Following a bunch of worse-than-expected data from the world's largest economy during the week, Friday's report showed a surprising rise in manufacturing output, showing country's factories were a major source of strength for the economy at the start of this year's last quarter.
Europe is facing a threat of deflation, which policymakers are unlikely to be willing to fight. This is first thing that may come to analysts' mind after Thursday's disappointing inflation data that showed CPI reached the lowest since November 2009.
Despite a series of weak fundamental data from the United States, the greenback was the main gainer last week, advancing 1.16% versus its major peers, on hopes the Fed will delay tapering its QE until March 2014.
The so-called loonie advanced to 1.04 against the greenback on Thursday, as a report from Statistics Canada said the economy expanded more than expected in August, on record extraction of natural gas and oil.
It was not a surprise for markets that the Japanese central bank reiterated its pledge to continue its task of ending decades of deflation and weak growth by doubling the country's monetary base over a two-year period.
There are two remarkable facts about the U.K. now- rapid pace of growth and emerging housing bubble.
Jobless claims plunged for a third straight week, suggesting labour market is resilient to the recent government shutdown, even though, market reaction was very modest.
The Euro fell to the lowest level in nine days against the greenback on Thursday, hitting 1.361, after disappointing data from Europe, bolstering the case the recovery is still fragile and may easily be derailed by any internal or external factor.
Following Swiss National Bank's projections of a stronger growth in the coming months, the leading indicator from a research company KOF showed a sharp gain in index, supporting the case of acceleration of domestic economy.
Industrial output in the world's third largest economy advanced 1.5% in September, on the back of strong production of vehicles and electronic components, the Ministry of Economy, Trade and Industry reported.
The U.K. is currently leading the economic recovery in the whole Europe, as the nation's economy expanded at the fastest rate in over three years in the third quarter, due to the fact attractive funding conditions and a flurry of investment boosted business confidence.
A series of weaker-than-expected data from the United States continues, as private hiring slowed, while cost of living posted the smallest annual gain in five months.
Angela Merkel entered the second round of coalition talks with Social Democrats, as the main rival parties have their first agreements to form a government.
Bank of Canada Governor Stephen Poloz has become more concerned about higher risk of inflation persistently running well below the 2% target.
As it was promised, the world's third largest economy is starting to flourish amid government's growth policies, also known as Abenomics, aimed at boosting private consumption and investment that are finally starting to pay off.